![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
United States Dollar vs Israeli New Shekel | FX:USDILS | Forex | Exchange Rate |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0001 | 0.00% | 3.62648 | 3.62568 | 3.62727 | 3.62669 | 3.6171 | 3.62655 | 0 | 06:05:34 |
The Israeli shekel traded higher against the US dollar after the announcement of Bank of Israel's interest rate decision during New York mid-day trading on Monday. The Bank of Israel left its benchmark interest rate unchanged for a second consecutive month today, as the inflation rate recorded in April moved back within the bank's target range.
During the bank's monetary policy council meeting, central bank governor Stanley Fischer decided to keep the interest rate unchanged at 1.5%. Fischer has raised rates by 1 percentage point since last August.
The central bank said that the decision to keep rates unchanged is consistent with the gradual process of returning the interest rate to a more "normal" level.
Additionally, the Bank of Israel said the decision is intended to position inflation firmly within the target range and to contribute to the further recovery of economic activity while supporting financial stability.
The shekel climbed to 3.8000 versus the greenback by about 12:20 pm ET, which may be compared to last week's closing value of 3.8350. Presently, the pair is worth 3.8150.
1 Year US Dollar vs ILS Chart |
1 Month US Dollar vs ILS Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions